135 Belmont Drive 55, London South

$299,000
135 Belmont Drive 55

$299,000

New
3d
Condo Townhouse2-Storey

135 Belmont Drive 55, London South

Total Monthly Obligation $1,886

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
3d
Score
40
Yield
9.3%
Cash on Cash
10.6%
Cap Rate
6.9%
5Y IRR
24.1%
10Y IRR
21.8%
Property Type-Condo Townhouse
MLS® Number-X14097502
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,796.2 (2026)
Maintenance-$330.23/mo
Locker-None
Parking-1 - None
Basement-Partially Finished, Full
Heating-Baseboard (Electric)
Brokerage-PRIME REAL ESTATE BROKERAGE
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-Immediate
Neighbourhood-South O
Title-Residential Condo & Other

No agent assigned

Welcome to this fantastic 3-bedroom, 2-bathroom condo townhouse in desirable South London! Ideal for first-time buyers, young families, or savvy investors, this home delivers an unbeatable combination of space, comfort, and exceptional value. A bright, open main floor features a welcoming layout designed for easy daily living and effortless entertaining. Enjoy ample counter space and cabinet storage, featuring an existing stove and dishwasher ready for your everyday culinary needs. The upper level boasts three comfortable bedrooms with plenty of natural light and closet space, offering a peaceful retreat for everyone in the home. Whether you're looking to stop renting and step onto the property ladder or add a reliable property to your portfolio, this South London townhome offers affordable living at its best.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$1,886/mo
Mortgage $1,206
Monthly Loss $1,569
Principal$317
Interest$889
Property Tax$150
Condo Fees$330
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.6%45
Cash-on-Cash
3.6%17
5-Year IRR
18.8%88
10-Year IRR
17.8%
Returns Index
51.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
40/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,696/yr
NOI
$16,767/yr
Net Cash Flow
$191/mo
Cash Margin
8.3%21
Cash Flow Index
20.7/ 100
Risk Profile
Weight: 20%
DSCR
1.1641
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo83
Risk Index
47.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 135 Belmont Drive 55

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.